Current:Home > MyElizabeth Holmes could serve less time behind bars than her 11-year sentence -AssetScope
Elizabeth Holmes could serve less time behind bars than her 11-year sentence
View
Date:2025-04-18 20:47:37
Theranos founder Elizabeth Holmes could leave prison a year and a half earlier than expected, Federal Bureau of Prisons records show.
According to the agency's inmate locator, Holmes' release date is scheduled for Dec. 29, 2032. That means she is slated to serve 9 years and seven months. In November a judge sentenced Holmes, who was also CEO of the blood-testing company, to 11 years and three months behind bars.
Holmes began serving her sentence Federal Prison Camp Bryan, a minimum-security prison for women in Bryan, Texas, on May 30.
A prisoner's release date can vary based on a number of factors, including time served prior to sentencing, credit for good conduct and even where a prisoner serves time, according to a memo from Prison Law Office, a nonprofit law firm.
The Bureau of Prisons didn't immediately reply to a request for comment.
Holmes was convicted of four counts of defrauding investors after a Wall Street Journal investigation in 2015 revealed the technology behind her company failed to work as promised. The report, which alleged Holmes had knowingly misled investors about the faulty tech, precipitated the unraveling of the company once valued at $9 billion and eventually led to Holmes facing criminal charges.
Former Theranos Chief Operating Officer Ramesh "Sunny" Balwani last year was sentenced to 12 years and 11 months in prison after being convicted on multiple counts of fraud. He began serving his term at FCI Terminal Island prison in San Pedro, Calif., in April. Bureau of Prisons records show he is scheduled for release on April 1, 2034, which means he would serve 11 years.
- In:
- Theranos Trial
- Elizabeth Holmes
veryGood! (4)
Related
- Trump invites nearly all federal workers to quit now, get paid through September
- U.S. Nuclear Fleet’s Dry Docks Threatened by Storms and Rising Seas
- Updated COVID booster shots reduce the risk of hospitalization, CDC reports
- Treat Yourself to a Spa Day With a $100 Deal on $600 Worth of Products From Elemis, 111SKIN, Nest & More
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- City Centers Are Sweltering. Trees Could Bring Back Some of Their Cool.
- Man dies after eating raw oysters from seafood stand near St. Louis
- World Cup fever sparks joy in hospitals
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Jamie Foxx Is Out of the Hospital Weeks After Health Scare
Ranking
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- South Africa Unveils Plans for “World’s Biggest” Solar Power Plant
- Inside Blake Lively's Family World With Ryan Reynolds, 4 Kids and Countless Wisecracks
- Man dies after eating raw oysters from seafood stand near St. Louis
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Feds move to block $69 billion Microsoft-Activision merger
- 是奥密克戎变异了,还是专家变异了?:中国放弃清零,困惑与假消息蔓延
- Why are Canadian wildfires affecting the U.S.?
Recommendation
Dick Vitale announces he is cancer free: 'Santa Claus came early'
New York City mandates $18 minimum wage for food delivery workers
The White House Goes Solar. Why Now?
UN Climate Talks Stymied by Carbon Markets’ ‘Ghost from the Past’
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
The Dakota Access Pipeline Fight: Where Does the Standoff Stand?
Psychedelic drugs may launch a new era in psychiatric treatment, brain scientists say
Over half of car crash victims had drugs or alcohol in their systems, a study says